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To: Stoctrash who wrote (34931)	2/11/1998 2:54:00 PM
From: Kevin	Read Replies (2) \| Respond to of 58727

Hi Fred, how are you? I was going to post you earlier today to see if you noticed similarities b/t now and mid-Feb of '97? 9-day DMI and ADX are both similar. RSI is similar. Both times we had just broken out to a new high. Can you run your new indicator on data back then??? Say Feb 10-20? The only difference that I find is that last February we were loooking at negative Block MF for the SPX down to the low 780s, which was almost completely filled on a 4% retracement from the 817.68 high. Currently we have an upside divergence pointing to 1035. Upside divergences are rare and are usually filled (much more so than downsides...sownsides can take months to fill). >>>I assume your 3-7day Trend indicator is up...or is it predictive in nature<<< It's up and it is not predicative. It misses the beginning and end of the trend (that's why I was asking you about your new tool). I use it in conjunction with my index trading system. I found that my trades were more successful with both signals agreed. That's all it was really designed for so far. Talk to you later.